Stock Groups

B Charitable Lays Foundation for IRS-Backed Crypto Donations With Simplicity in Mind -Breaking

[ad_1]

B Charitable Lays Foundation For IRS-Backed CryptoDonations With Simplicity In Mind
  • Launched in 2019, B Charitable is a platform that allows for patrons to donate crypto as ‘charitable contributions’ recognized by the IRS.
  • Most P2P crowdfunding platforms that allow donations are not considered to be ‘charitable contributions’ for IRS-reporting purposes.
  • B Charitable announced its new partnership with YouTube influencer Andrei Jikh.

B Charitable, one of the industry’s few charitable giving platforms that harnesses the tax advantage of a charitable contribution and combines that with smart technology, crowdfunding campaigns, low fees, performance tracking, and tax-free investment growth, helps give individuals an opportunity to proactively donate appreciated assets.

Its latest development adds the ability for users to make donations in stocks or crypto by simply clicking the “Donate Crypto” on their dashboard.

With most P2P crowdfunding platforms, funds received are not considered to be ‘charitable contributions’ for IRS-reporting purposes – even if that person intends to use those fu …

Continue reading on CoinQuora

Disclaimer: Fusion MediaThis website does not provide accurate and current data. CFDs include stocks, indexes and futures. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this information. This includes data including charts and buy/sell signal signals. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.

[ad_2]